Why Marketplaces Fail

“By 2023, 15% of medium-to high-gross-merchandise-value digital commerce organizations will have deployed their own marketplaces, thereby creating an entirely new digital ecosystem.”

Gartner Logo

It’s no secret; a Marketplace is a Competitive Growth Strategy. Millions of buyers across the globe are now racing to global e-commerce marketplaces, and the world is frantic to eliminate the need for all those extra channels.

Get on the bandwagon – ah, but there is that failure thing.

In the last 20 years, the Harvard Business Review identified 43 successful platforms, but at that same time, 209 platforms failed, mostly due to lack of knowledge.

So, is there a secret sauce for success? We think so.

Why Marketplace Integration?

Our Marketplace expertise blended with unique, in-depth research maximizes your store’s visibility by implementing Marketplace integration, seamlessly expanding your store into a multi-vendor e-commerce business with simplified data management.

Seamless Integration

Custom integrations supporting multiple payment solutions, GTM, and more

More Revenue

Digital storefront attracts new customers with lead generation tactics and commission like recurring streams

Unified Commerce

With a single destination, customers can easily purchase at anytime from anywhere

Global Customers

Opportunity to sell to millions of customers worldwide with ease

Automated Product Management

Presence of growth accelerators like auto-approval & product and order management

Hassle-free Management

Open-source platform with access to flexible themes and infinite catalog additions

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Seamless Integration

Custom integrations supporting multiple payment solutions, GTM, and more

Icon
More Revenue

Digital storefront attracts new customers with lead generation tactics and commission like recurring streams

Icon
Unified Commerce

With a single destination, customers can easily purchase at anytime from anywhere

Icon
Global Customers

Opportunity to sell to millions of customers worldwide with ease

Icon
Automated Product Management

Presence of growth accelerators like auto-approval & product and order management

Icon
Hassle-free Management

Open-source platform with access to flexible themes and infinite catalog additions

Marketplace Services

Marketplace Service

Power Through Our Partnerships

Mirakl Logo
Total Economic Impact Study Finds Mirakl Marketplace Platform Can Deliver 162% ROI

Mirakl Marketplace has a comprehensive SaaS platform model that revolutionizes both B2B and B2C businesses. Mirakl has a 4-month average customer go-live time and 37 new marketplaces launched in just 12 months and 110% YoY Growth rate achieved by customers in 2020.

Marketplacer Logo
Marketplacer now powers over 50 marketplaces, in 11 countries and has over 10,000 connected businesses across the globe

Set your digital stage with a full-stack or headless solution from Marketplacer to leverage high sales and grow your business rapidly. Marketplacer offers a plug-and-play SaaS solution that facilitates the capability to create successful Marketplaces for products and services.

Vtex Logo
VTEX Commerce Cloud is a unified platform with built-in B2C, B2B Commerce, Marketplace, and OMS capabilities.

It also allows organizations to future-proof their businesses and free them from software updates. Leverage a network of established sellers and expand your business globally. Read More

Technology Features

Infographic

Integrations

Why Royal Cyber?

Evolve your e-commerce platform to a Marketplace with advanced functionalities ensuring high-performance operations

Case Studies

Related Reads

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